On the inaugural U.S.-China Comprehensive Economic Dialogue

David Dollar, a senior fellow in the John L. Thornton China Center, explains the differences between the modern U.S. and Chinese economies and outlines why the Trump administration should exercise caution when blaming trade imbalance on China.

[On Chinese policies to reduce greenhouse gas emissions] It’s not so much that they are concerned about global climate change, although that may be coming. It’s more because they are concerned about building local industries, and especially about cleaning up the air locally and regionally.